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Company News
FSL Trust completes disposal of two containershipsFeb 8, 2016FSL Trust Management Pte. Ltd. has completed the disposal of Ever Radiant and Ever Respect (the ‘Vessels’) for a cash consideration of approximately US$10,800,000.
Velocys updates ENVIA Energy GTL plant project progressFeb 8, 2016Velocys plc says that ENVIA Energy's EPC contractor, Ventech Engineers, has signed the final major contract, covering installation of process modules, related piping and
US Oil Sands completes review of its PR Spring Phase 1 projectFeb 8, 2016US Oil Sands Inc. has completed a detailed review of its PR Spring Phase 1 Project in light of continued low oil prices and the closure of two key contractors' Utah-based operations.
AVEVA supports Fabricom on major brownfield projectFeb 8, 2016AVEVA says that Fabricom Offshore Services is using AVEVA software for the brownfield modification of GDF Suez’s Cygnus Platform in 2016.
Greka Drilling drills 62 wells in 2015Feb 8, 2016Greka Drilling Limited has drilled 62 wells in 2015 (2014: 45 wells) a 38% increase YOY, of which: 53 wells drilled in China (2014: 38 wells)
Frontier Resources issues new ordinary sharesFeb 8, 2016The Board of Frontier says that the Company has conditionally issued, though a direct subscription, 4,750,000,000 new ordinary shares of 0.01p each with existing
Genel Energy receives payment for KRI oil exports from the Taq Taq fieldFeb 8, 2016Genel Energy says that the Taq Taq field partners have received a gross payment of $16.3 million from the Kurdistan Regional Government ('KRG') for oil exported through the
Petsec Energy acquires Damis production licenceFeb 8, 2016Petsec Energy Ltd has expanded its oil and gas interests in the Republic of Yemen with the acquisition of entities holding the entire (100%) participating interest (82.5% equity interest)
Halliburton launches electrohydraulic subsea safety systemFeb 8, 2016Halliburton has released the Dash™ 3 inch Subsea Safety System, a complete solution for electrohydraulic control of Halliburton's subsea safety tree.
gasworld Europe Industrial Gas Conference 2016Feb 8, 2016gasworld’s Europe Industrial Gas Conference will take place in at the Hilton Hotel in Dusseldorf, Germany from 20th – 22nd June, 2016.
Subsea Expo draws record attendance as the industry gets fit for $30 oilFeb 8, 2016Almost 7,000 visits were made to Europe’s largest subsea event, Subsea Expo, held in Aberdeen this week, despite the industry facing its toughest year ever. The exhibition and conference, organised by Subsea UK, attracted just under 5,000 individual delegates, many of whom visited more than once over the three days. International delegates flew in from all corners of the world, including Africa, Brazil, Japan, Mexico, Nigeria and the US.
Tower Resources declares retirement of directorFeb 5, 2016Tower Resources says that Mr Peter Blakey, Non-Executive Director, has decided to retire from the Board and will therefore not stand for re-election at the Company's next AGM
Baker Hughes releases January 2016 rig countsFeb 5, 2016Baker Hughes Incorporated says that the international rig count for January 2016 was 1,045, down 50 from the 1,095 counted in December 2015, and down 213 from the 1,258 counted
Statoil ASA: 2015 fourth quarter resultsFeb 5, 2016Statoil delivered adjusted earnings of NOK 15.2 billion and adjusted earnings after tax of NOK 1.6 billion in the fourth quarter 2015. For the full year 2015, adjusted earnings were
Vertex Energy sells Nevada facility for $35 millionFeb 5, 2016Vertex Energy, Inc. has sold its Nevada re-refinery facility, which is located in Churchill County, to Clean Harbors, Inc. for $35 million, of which approximately $14 million was immediately
MX Oil gives details on four Mexican onshore concessionsFeb 5, 2016MX Oil gives details in respect of the four Land Contract Areas it was awarded, alongside its local partner Geo Estratos, during the third phase of the Bid Round 1 Licensing Round
Prior Diesel makes major investment in 3D modellingFeb 5, 2016Prior Diesel, a Suretank company and supplier of diesel driven power solutions and well service products to the oil and gas, marine and industrial sectors, has invested in the latest
AGL Energy exits gas exploration and productionFeb 5, 2016AGL Energy Limited says that following a review, it has taken a strategic decision that exploration and production of natural gas assets will no longer be a core business for the
TransCanada's Energy East project to create up to 120 new jobs in QuébecFeb 5, 2016TransCanada Corporation and ABB have signed a major agreement that will see ABB deliver a number of multi-million dollar electrical houses to secure safe, reliable and energy
Pakistan's OGDCL makes discovery at Nashpa X-5 exploratory wellFeb 5, 2016Oil and Gas Development Company Limited (OGDCL), an Operator of Nashpa Exploration Licence, together with its Joint Venture partners Government Holdings Private Limited (GHPL)
Buru begins wireline logging program at Ungani Far West 1 wellFeb 5, 2016Buru Energy Ltd. says that since the last progress report, the well was cored ahead in 3.99 inch (101 millimeter) hole to the current depth of 7,890 feet (2,405 meters) where a bit trip
WGL expands “Energy Management Platform” solutionFeb 5, 2016WGL Energy Services has extended the reach and availability of its robust Energy Management Platform, a free, innovative online tool that enables customers to monitor and track both
Agreement on the sale of transmission assets at Westermost RoughFeb 5, 2016Westermost Rough Ltd (WMR), a wholly owned subsidiary of DONG Energy A/S (50%), the UK Green Investment Bank plc (25%) and Marubeni Corporation (25%) has signed
Subsea UK to sponsor MATE ROV competition for second yearFeb 5, 2016Subsea UK declared, at Subsea Expo, that it will sponsor an initiative which inspires budding subsea engineers for a second year.
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